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Top 10 Retail Banking Solution Providers - 2018

As digitalization grows to prominence, organizations today are totally engrossed in executing their daily transaction through connected devices that simplify their operations and business processes. Today, it is not too surprising to see retailers seeking a much-needed dose of technology to simplify their retail banking processing.

With the millennial generation expected to become the largest consumer group by the next decade, CIOs are pressurized to gear up with innovative banking systems, products and services that help them to increase revenue, and stay ahead in the competitive marketplace.

To achieve this, financial institutions across the globe are inclining heavily on automated banking solutions to manage client’s transactions and accounts. The staggering growth of cloud services and big data analytics is helping banks formulate innovative consumer-centric strategies. A reliable mobile and wireless banking option allows retailers to transact anywhere, anytime— while reducing operating expenses and time. Add to this, features such as predictive analysis and transaction data monitoring are facilitating banking firms with customized solutions. These technologies are also helping banks improve risk management and compliance.

In order to drive success in the banking environment, it is essential for financial institutions to acquire greater expertise on coherent digital ecosystems that can ensure efficacy of their solutions while providing state-of-the-art services. To help CIOs, CFOs, and CEOs find the right solutions for their retail banking initiatives, a distinguished panel comprising CEOs, CFOs, analysts, and Banking CIO Outlook’s editorial board has selected the top players in the sector. The companies featured here demonstrate an ability to develop innovative technologies and methodologies, while providing outstanding customer service.

We present to you Banking CIO Outlook’s Top 10 Retail Banking Solution Providers - 2018.

Company Logo Company Name Company Description
3i Infotech Focuses on providing value added services such as Business Intelligence & Analytics, Infrastructure Management, Testing & Compliance, Application Development & Maintenance, Consulting and its BPO offerings
Blend Blend integrates with current technology for rapid deployment to market faster and seamlessly bring together everything from CRM to LOS in a platform that centralizes and secures the data and documents needed to complete a loan
C2 Systems Offers a cloud-based loan origination platform that quickly processes consumer and small commercial loan applications
EdgeVerve EdgeVerve Systems, a wholly-owned subsidiary of Infosys, develops innovative software products and offers them on premise or as cloudhosted business platforms
ENACOMM ENACOMM is a FinTech provider of intelligent customer engagement and authentication technologies for financial institutions and card companies
FI Navigator Provides Market Analytics (strategy formulation) at unprecedented coverage levels in the critical FinTech arenas of online and mobile banking
Intellect Design Arena Intellect addresses the needs of financial institutions in varying stages of technology adoption with robust iDigital platform that enables products across four distinct lines of businesses: Global Consumer Banking (iGCB), Risk, Treasury & Markets (iRTM), Global Transaction Banking (iGTB),Central Banking and Insurance (Intellect SEEC)
Margill Solutions Provider of the flexible solution Margill, catering to private and public companies, consumer & business lenders, governments, economic development agencies, micro lenders, accountants, law firms, and insurance companies across over 38 countries worldwide
Temenos Temenos has come up with an integrated software solution—RetailSuite— to help retail banks navigate the intricacies of the banking ecosystem
Zenmonics Building intuitive, omnichannel software that empowers bankers to create seamless experiences for customers and associates alike